Main information
- Apple approved the update of the American Spotify application.
- The update displays price information and external purchase links.
- The spotify action course jumped more than 6 percent in the morning after the announcement.
The update of the American application of Spotify now displays information on prices and external purchase links, following Apple approval. This development follows the decision of a judge prohibiting Apple from receiving commissions on purchases made outside the ecosystem of the App Store. Previously, Apple had great control within its system, which allowed it to restrict trade from other companies. The spotify action course increased by more than 6 percent in the morning after the announcement.
- The Swedish Musical Streaming Society was engaged in a long-standing conflict with Apple concerning the policies of its App Store, which forced developers to pay a commission on in-app purchases, including subscriptions.
Jeanne Moran, spokesperson for Spotify, said he was satisfied with the result, highlighting the increased transparency and the choice offered to consumers. Analysts believe that this change could considerably benefit Spotify by putting on an equal footing its competitor Apple Music, because Spotify previously absorbed the cost of Apple commissions in its American tariff structure.
Apple calls
The deposit of the update of the application follows a court decision obliging Spotify to comply with an antitrust trial brought by Epic Games, the creator of “Fortnite”. Although Apple has declared that it would comply with the court decision, the company plans to appeal this decision. She hopes to protect her strict policy in terms of trade within the App Store.
- Spotify recently made its first annual benefit, thanks to strong growth in the number of users, price increases and cost reductions.
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